Market Newsdesk

HONG KONG, July 14, 2021 /PRNewswire/ — CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), today announced that, through its wholly-owned subsidiary in early this month, it has signed a definitive agreement with Beijing UniDev Software Co., Ltd. (“UniDev”), a Beijing-based IT services and solutions provider. Upon closing of the transaction, CLPS, through its wholly owned subsidiary, ChinaLink Professional Services Co. Ltd., will hold 15% ownership stake in UniDev.

UniDev is focused on providing customized digital transformation solutions to companies and banks in Mainland China. It leverages its extensive experience to develop applications including intelligent emergency response system, safety production monitoring system, and intelligent finance solutions, among others. UniDev also explores the utilization and integration of artificial intelligence and big data applications into its solutions.

Mr. Yan Wang, General Manager of UniDev, said, “Our partnership with CLPS will allow us to create a firm foundation to venture into more competitive IT solutions. In addition, we are looking forward to our joint efforts in the research and development of new technology-based products. We believe that this strategy will enable us to achieve business growth both in the domestic and international markets.”

Mr. Raymond Lin, Chief Executive Officer of CLPS, said, “UniDev is in the height of a rapid business development. It maintains highly qualified team of IT professionals and it successfully delivers IT solution services to its client base in the market vertical. With the competitive advantages of both parties, we expect that this strategic investment will drive the revenue and margin of our customized IT solution services in an upward trend. In addition, it will further expand our market share in China and likewise gain a strong foothold for our overseas expansion.”

About CLPS Incorporation

Headquartered in Hong Kong, CLPS Incorporation (the “Company”) (Nasdaq: CLPS) is a global leading information technology (“IT”) consulting and solutions service provider focusing on the banking, insurance, and financial service sectors. The Company serves as an IT solutions provider to a growing network of clients in the global financial service industry, including large financial institutions in the US, Europe, Australia, Southeast Asia and Hong Kong SAR, and their PRC-based IT centers. The Company maintains 19 delivery and/or research & development centers to serve different customers in various geographic locations. Mainland China centers are located in Shanghai, Beijing, Dalian, Tianjin, Baoding, Xi’an, Chengdu, Guangzhou, Shenzhen, Hangzhou, and Hainan. The remaining eight global centers are located in Hong Kong SAR, USA, UK, Japan, Singapore, Malaysia, Australia, and India. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on Facebook, LinkedIn, and Twitter.

Forward-Looking Statements

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance. Known and unknown risks, uncertainties and other factors, which may be beyond the Company’s control, may cause the actual results and performance of the Company to be materially different from such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company’s expectations of the Company’s future growth, performance and results of operations, the Company’s ability to capitalize on various commercial, M&A, technology and other related opportunities and initiatives, as well as the risks and uncertainties described in the Company’s most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contact:

CLPS Incorporation
Rhon Galicha
Investor Relations Office 
Phone: +86-182-2192-5378
Email: [email protected]

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SOURCE CLPS

BEIJING, July 14, 2021 /PRNewswire/ — Ambow Education Holding Ltd. (“Ambow” or “the Company”) (NYSE American: AMBO), China’s leading provider of educational and career enhancement services, announced that it has launched an open platform for education – OOOK (“O Course,” https://oook.com). Guests and market partners from various fields at home and abroad participated in O Course’s release conference through online and offline channels.

O Course is an open teaching system platform developed by Ambow Education. Supported by over 70 patented technologies and operating on a cloud service model, the platform provides high-quality, cross-terminal live and recording services, immersive and interactive live broadcast experiences that combine images and shared files, and one-stop operation management functions. O Course is a convenient, efficient and easy-to-operate platform that education institutions can employ to complete an all-round closed-loop management of teaching, marketing, and student enrollment. In addition, O Course provides users future career services based on selected education service resources and access to the international career strategy planning service system from Strategic Career Planning Consultant (“SCPC”).

Dr. Jin Huang, Chairman and Chief Executive Officer of Ambow, commented, “Technology is the driving force behind the education industry’s ongoing digital revolution. In an effort to seamlessly integrate technology and education, we have invested extensively in technology research and development, initiated standards of Chinese distance education, launched a series of intelligent education products, and undertaken several construction projects of national and provincial public service platforms. Going forward, Ambow aims to continue launching revolutionary and innovative products that will be at the forefront of the industry, contributing toward the transformation of education and how it is dispersed and administered.”

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. is a leading national provider of educational and career enhancement services in China, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students in 15 out of the 34 provinces and autonomous regions within China.

Follow us on Twitter: @Ambow_Education

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the outlook and quotations from management in this announcement, as well as Ambow’s strategic and operational plans, contain forward-looking statements. Ambow may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company’s goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company’s expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Ambow undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries please contact:
Ambow Education Holding Ltd.
Tel: +86 10-6206-8000

The Piacente Group | Investor Relations
Tel: +1 212-481-2050 or +86 10-6508-0677
Email: [email protected]

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SOURCE Ambow Education Holding Ltd.

HANGZHOU, China, July 14, 2021 /PRNewswire/ — China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD) (“Jo-Jo Drugstores” or the “Company”), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that one of the Company’s drugstores, Daguan store has been selected as one of the first batch of four-star livelihood pharmaceutical service stations in Hangzhou. Over 60 local government officers and practitioners attended a celebration ceremony the Company held on July 8, 2021, including Mr. Jianjun Fan, Director of Hangzhou Municipal Market Supervision Bureau, Mr. Jianxiang Lu, Deputy Director of Hangzhou Municipal Market Supervision Bureau, Mr. Jinzhou He, Head of Hangzhou Certification Inspection Department at Hangzhou Municipal Market Supervision Bureau, and Mr. Qiang Wang, Head of Hangzhou Drug Circulation Department at Hangzhou Municipal Market Supervision Bureau.

Livelihood pharmaceutical service stations are categorized into three tiers, namely three-star, four-star, and five-star stations. The three-tier categorization is designed to distinguish the size of specialized pharmaceutical service area, the number of pharmacists engaged in pharmaceutical services, the types of pharmaceutical services provided, and the average monthly number of customers served at those stations. The three-star station is the basic standard, which requires the service station to provide at least 10 types of pharmaceutical services. The four-star service station is required to provide at least 15 types of pharmaceutical services. The local government expects that 43 livelihood pharmaceutical service stations will be established in Hangzhou, the capital city of Zhejiang Province, and at least 300 stations will be established in Zhejiang Province this year. Currently, 29 livelihood pharmaceutical service stations have been established and 5 of them have been selected as the first batch of four-star livelihood pharmaceutical service stations, including one of the Company’s drugstores.

Mr. Lei Liu, Chairman and CEO of Jo-Jo Drugstores, commented, “Becoming a four-star livelihood pharmaceutical service station is a recognition of our professionalism and comprehensive service capabilities from the government, but also means a greater social responsibility for us. We are committed to providing high-quality services for the public. Looking forward, we will accelerate the deployment of our service sites in various regions of Hangzhou, expand the scope of our services to more communities, work with communities to do more public welfare activities, and provide WeChat pharmacy consultation, online medicine ordering and delivery services to benefit people and make their lives more convenient.”

About China Jo-Jo Drugstores, Inc.

China Jo-Jo Drugstores, Inc. (“Jo-Jo Drugstores” or the “Company”), is a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products and a provider of healthcare services in China. Jo-Jo Drugstores currently operates an online pharmacy and retail drugstores with licensed doctors on site for consultation, examination and treatment of common ailments at scheduled hours. It is also a wholesale distributor of products similar to those carried in its pharmacies. For more information about the Company, please visit http://jiuzhou360.com. The Company routinely posts important information on its website.

Forward-Looking Statements

This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company’s encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

For more information, please contact:

Company Contact: 

Frank Zhao

Chief Financial Officer
+86-571-88077108
[email protected]

Investor Relations Contact:

Tina Xiao

Ascent Investor Relations LLC
+1-917-609-0333
[email protected] 

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SOURCE China Jo-Jo Drugstores, Inc.

UNION, N.J., July 14, 2021 /PRNewswire/ — Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced more progress in its transformation to being a digital-first, omni-always retailer. Starting tomorrow, Bed Bath & Beyond® and buybuy BABY® customers can pick up Buy Online Pickup Curbside purchases at any store before the store has even opened for the day. Ideal for orders placed the previous evening and pickup during the morning commute to work, customers choosing this digital service can choose to pick up their orders curbside as early as 8am — which is one hour ahead of typical store opening hours. All other Buy Online Pickup In Store and all other Curbside orders will also be ready in one hour from the time the order was placed, faster than the previous two hour “ready for pickup” window. 

Additionally, the Company today announced that it has nearly doubled the number of zip codes eligible for Same Day Delivery, thanks to a new strategic U.S. partnership with crowdsourced delivery platform, Roadie. Roadie boasts more than 200,000 verified drivers nationwide and will bring the total zip codes eligible for Same Day Delivery from Bed Bath & Beyond and buybuy BABY to nearly 16,000.

“We are excited to further reinvent digital services like Same Day Delivery and Buy Online Pickup Curbside or In-Store to get orders in the hands of our customers even sooner,” said Rafeh Masood, EVP and Chief Digital Officer of Bed Bath & Beyond. “The country is getting ‘back to normal’ and we want to give consumers expanded flexibility on how to get online orders, within hours. Whether that means placing a last-minute Same Day Delivery order to better entertain this summer or picking up an online order on the way to work, we are finding new innovative ways to meet the evolving needs of today’s digital customers.”

“There’s not always time to get to the store when you need to, and Roadie makes it easy for Bed Bath & Beyond to bring the store to you,” said Marc Gorlin, Roadie’s Founder and CEO. “Through Roadie’s partnership with Bed Bath & Beyond and buybuy BABY, you can get the things you need right away, in more places than ever, whether you need new pajamas for your toddler or you’ve got your eye on an air fryer for dinner tonight.”

The addition of Roadie as a Same Day Delivery partner strengthens this digital service available to customers located near virtually all Bed Bath & Beyond and buybuy BABY store locations. Customers receive updates on their order status via text, providing them with real-time visibility to when their order will arrive at their doors. Additional Same Day Delivery providers include previously announced partners DoorDash and Shipt.

Today’s news continues Bed Bath & Beyond’s progress on its omni-always, digital-first strategy. As reported in its recent Q1 2021 results, digital sales in the quarter were 38% of net sales. There were more than 500,000 downloads of the Bed Bath & Beyond mobile app in the quarter, bringing the total amount of app downloads across all banners to more than more than three million over the past year. Approximately 31% of digital sales in the quarter were fulfilled by stores through initiatives such as Same Day Delivery, Buy Online Pickup In-Store or Curbside, or orders shipped from stores to customers. More than 50% of all Bed Bath & Beyond customers shop both in-store and digitally, illustrating the power of the Company’s omni-always approach.

About Bed Bath & Beyond
Bed Bath & Beyond Inc. and subsidiaries (the “Company”) is an omnichannel retailer that makes it easy for our customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.

Bed Bath & Beyond operates websites at bedbathandbeyond.com, bedbathandbeyond.ca, buybuybaby.com, buybuybaby.ca, facevalues.com and decorist.com.

About Roadie
Roadie is the nation’s first “on the way” crowdsourced delivery platform. Founded in 2014, Roadie works with consumers, small businesses and big global brands across virtually every industry to provide a faster, cheaper, more scalable solution for scheduled, same-day and urgent delivery. With more than 200,000 drivers nationwide, Roadie’s platform covers more than 20,000 zip codes – the largest local same-day delivery footprint in the nation.

Roadie is backed by Warren Stephens of Stephens Inc.; The Home Depot; UPS Ventures; Eric Schmidt’s TomorrowVentures; David Bonderman, founder of TPG Capital; Guggenheim Partners’ Executive Chairman Alan Schwartz; Square Co-Founder Jim McKelvey; among others. For more information, visit www.roadie.com.

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SOURCE Bed Bath & Beyond Inc.

NEW YORK, July 14, 2021 /PRNewswire/ — Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), in partnership with the Dubai Tourism Bureau, will hold the first Color Star APP live music concert on July 23rd at the Dubai International Convention and Exhibition Center. Tickets are currently sold on platinumlist.net with high demand.

The live concert in Dubai will allow audiences worldwide to enjoy the infinite charm of Color Star music. In a global environment impacted by the pandemic, confidence and hope are precious. Despite the difficulty during the downturn, Color Star has discovered opportunities in crisis, accumulating resources to make this live performance happen. With the integration of technology and innovation, and the captivating experience of stage and live music, Color Star will once again prove its excellence in hosting large-scale performances.

For the upcoming Dubai concert, Color Star invited Arab mega stars Aseel Hameem and Walid Al Sham, the Queen and King of the Arabic-speaking world. Owning a massive fan base, data shows that together they have nearly 3 billion followers on social media. Color Star believes they will draw many fans to the event and help drive the event’s profitability. Before performance starts, the celebrities will conduct real-time broadcasts through Color Star APP, Color Star’s online celebrity platform, to interact with global audiences. This will help drive Color Star APP’s on-demand traffic and increase the number of our global users.

In addition, the Dubai concert on July 23rd will be the first time the Company uses an augmented reality (AR) intelligence system, allowing online audiences to interact with celebrities and creating a brand-new online concert experience. The Dubai concert will be a prelude to Color Star’s plans to resume live concerts worldwide. The Company expects to hold more than 50 global concerts within a year, with some to be broadcasted real-time via the interactive celebrity platform Color Star APP, allowing audiences around the world opportunities to enjoy top-notch concerts at home.

The CEO of Color Star, Mr. Basil Wilson, commented: “The Arab region has a population of 420 million people with vast cultural and entertainment needs. Through this performance, we hope to not only promote the local entertainment industry, but also gain recognition of the company in the Middle East. We invited two super influential celebrities from the region to help drive ticket sales and increase our fan base via live performances and online interaction. This will greatly boost the business of Color Star and lay the foundation for the launch of other live performances. We hope to seize the opportunity to provide entertainment in the Middle East, and to focus on business development in the region this year. In order to deepen our connections in the Middle East, we are applying for a secondary listing on Nasdaq Dubai. I am confident that Color Star will not only bring outstanding music performances to the world, but also create high-quality cultural and entertainment projects in the future.

In the meantime, the Company is also planning live concerts and music festivals in multiple U.S. cities for October 2021, reopening its live music business. In the future, these concerts and music festivals will continue to contribute to the Company’s copyrights, as well as generate additional revenue from ticket sales, advertising sponsorship, and among others, to increase the company’s operating income. In conjunction with online content, Color Star will be able to attract more fans and members for virtual cultural entertainment and increase on-demand member volume.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an entertainment and education company that provides online entertainment performances and online music education services. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. And CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. More information about the Company can be found at www.colorstarinternational.com.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in 

China

 and other countries where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at 

www.sec.gov

. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

For more information, please contact:

William Tu

Skyline Corporate Communications Group, LLC
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: [email protected] 

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SOURCE Color Star Technology Co., Ltd.

VANCOUVER, BC, July 14, 2021 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) will hold a conference call on Friday, August 6, 2021 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review second quarter 2021 operating results.

The live call can be accessed by dialing +1-604-638-5340. Alternatively, a live webcast can be accessed through a link on Ballard’s homepage (www.ballard.com). Following the call, the webcast will be archived in the ‘Earnings, Interviews & Presentations’ area of the ‘Investors’ section of Ballard’s website (www.ballard.com/investors).

About Ballard Power Systems 
Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars and forklift trucks. To learn more about Ballard, please visit www.ballard.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ballard-announces-q2-2021-results-conference-call-301333234.html

SOURCE Ballard Power Systems Inc.

SARASOTA, Fla., July 14, 2021 /PRNewswire/ — INVO Bioscience, Inc. (NASDAQ: INVO), a medical device company focused on commercializing the world’s only in vivo Culture System (IVC), INVOcell^®, an effective and affordable treatment for patients diagnosed with infertility, today announced the appointment of Barbara Levy, M.D., FACOG, FACS as the Company’s Senior VP, Global Clinical Integration. Dr. Levy is considered one of the most influential clinical executives in the world, recently serving as Vice President, Health Policy at the American College of Obstetricians and Gynecologists (ACOG) and chair of the American Medical Association/Specialty Society Relative Value Scale Update Committee. She joins INVO Bioscience to help further develop and accelerate the Company’s global OB/GYN channel strategy.

Dr. Levy commented, “Women’s healthcare has been a life-long passion for me and a critical component of improving women’s health and wellbeing is treatment for infertility. There is a large unmet need for efficient and scalable advanced treatment options, that are also accessible and affordable, to help bring equity to the large underserved patient population suffering from infertility. I believe IVC and the INVOcell technology provides a unique market solution and am excited to be joining the INVO Bioscience team to focus on quality and outcomes for patients and to support fertility practice healthcare professionals.”

Dr. Levy is an advocate for advancing the quality of women’s health. Dr. Levy was in private practice in comprehensive holistic women’s health for over 30 years and served as a Medical Director for Women’s and Children’s Services for the Franciscan Health System in Washington State. She has served as a reviewer and editor for several medical journals, including Obstetrics & Gynecology, American Journal of Obstetrics and Gynecology, JAMA, JMIG, Fertility and Sterility.

In 2012 Dr. Levy joined the American College of Obstetricians and Gynecologists (ACOG) as Vice President for Health Policy, directing the expansion of the Advocacy Division to support implementation of best practices in women’s health. She built a team dedicated to improvement in health equity and outcomes in maternity care, primary women’s healthcare, and surgical interventions.  

Dr. Levy graduated magna cum laude from Princeton University. She obtained her medical degree from the University of California, San Diego, followed by an internship and residency at the Oregon Health Sciences University. 

Dr. Levy has been a vocal advocate for women’s health and health equity with appearances on The Oprah Winfrey Show and multiple other media outlets. Her research interests span from outcomes research in minimally invasive gynecologic surgery to optimizing care for women with chronic pelvic pain. Her clinical work focused on evidence-based, equitable, comprehensive care for women throughout their life course. She has published and co-authored over 85 studies.

Steve Shum, CEO of INVO Bioscience, said, “We are excited to have Dr. Levy join the INVO team to support our mission to bring care to the vast underserved patient population around the world experiencing infertility challenges.  She has a clear understanding of the role that OB/GYNs can play in helping to democratize fertility care on a global basis by providing accessibility to affordable and effective treatments, the key hallmarks of the INVOcell technology. We look forward to leveraging her experience, relationships, and influence to accelerate our OB/GYN clinical implementation strategy in the years to come.”

About INVO Bioscience

We are a medical device company focused on creating simplified, lower-cost treatments for patients diagnosed with infertility. Our solution, the INVO^® Procedure, is a revolutionary in vivo method of vaginal incubation that offers patients a more natural and intimate experience. Our lead product, the INVOcell^®, is a patented medical device used in infertility treatment and is considered an Assisted Reproductive Technology (ART). The INVOcell^® is the first Intravaginal Culture (IVC) system in the world used for the natural in vivo incubation of eggs and sperm during fertilization and early embryo development, as an alternative to traditional In Vitro Fertilization (IVF) and Intrauterine Insemination (IUI). Our mission is to increase access to care and expand fertility treatment across the globe with a goal to lower the cost of care and increase the availability of care. For more information, please visit http://invobioscience.com/

Safe Harbor Statement

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company invokes the protections of the Private Securities Litigation Reform Act of 1995. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategies, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Factors that may cause actual results to differ materially from those in the forward-looking statements include those set forth in our filings at www.sec.gov. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE INVO Bioscience, Inc.

DALLAS, July 14, 2021 /PRNewswire/ — The Board of Directors of Lennox International Inc. (NYSE: LII) today announced that after 15 years, Todd Bluedorn informed the Board he will be stepping down as Chairman and Chief Executive Officer in mid-2022 based on his desire to create a better balance between his personal and professional priorities. The Board of Directors has commenced a search for the company’s next CEO.

“It has been a privilege to lead LII these past 15 years and I’m extremely proud of all we’ve accomplished together,” said Bluedorn. “With an exceptional management team, hard-working and dedicated employees, key strategic investments in product, technology and distribution, and strong end markets, we are well-positioned for continued momentum in 2021 and beyond.”

Lead independent director for Lennox International Todd Teske said, “Todd Bluedorn instilled a high performing and innovative culture with a strong team that created tremendous value for our customers and shareholders. His tenure at LII has been extraordinary. Under Todd’s leadership the company’s market cap grew from $2.5 billion to over $13 billion, resulting in total shareholder return in excess of 18% annually. On behalf of the entire Board, I want to thank Todd for making LII the outstanding company that it is today and we look forward to working with him and the broader management team on a smooth transition in 2022.”

The company also raised 2021 full-year guidance for revenue growth from 7-11% to 11-15%, GAAP EPS from continuing operations from $11.33-$11.93 to $11.97–$12.57 and for adjusted EPS from continuing operations from $11.40-$12.00 to $12.10–$12.70. The company will review its second quarter 2021 results and more fully discuss updated guidance during its earnings call on July 26.

ABOUT LENNOX INTERNATIONAL
Lennox International Inc. is a global leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our air conditioning, heating, indoor air quality, and refrigeration systems. Lennox International stock is listed on the New York Stock Exchange and traded under the symbol “LII”. Additional information on Lennox International is available at www.lennoxinternational.com or by contacting Steve Harrison, Vice President, Investor Relations, at 972-497-6670.

FORWARD-LOOKING STATEMENTS
The statements in this news release that are not historical statements, including statements regarding the 2021 full-year outlook and expected consolidated and segment financial results for 2021, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on information currently available as well as management’s assumptions and beliefs today. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from the results expressed or implied by the statements, and investors should not place undue reliance on them. Risks and uncertainties that could cause actual results to differ materially from such statements include risks that the North American unitary HVAC and refrigeration markets perform worse than current assumptions. Additional risks include, but are not limited to: the impact of higher raw material prices, availability and timely delivery of raw materials and other components, the impact of new or increased trade tariffs, LII’s ability to implement price increases for its products and services, economic conditions in our markets, regulatory changes, the impact of unfavorable weather, a decline in new construction activity and related demand for products and services, and any resurgence of the COVID-19 pandemic and its economic impact on the company and its employees and customers. For information concerning these and other risks and uncertainties, see LII’s publicly available filings with the Securities and Exchange Commission. LII disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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SOURCE Lennox International Inc.